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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID)
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To: Walter Morton who wrote (579)3/31/2000 9:40:00 AM
From: John F Beule  Read Replies (1) of 674
 
At this point, it is obvious that LQID is under attack from shorts. This will do one of two things, if management continues to execute its plan (which there is no proof that they have been sitting on their hands, all signs are they have been kicking ass), then eventually, shorts will cover, and the stock will regain its lost upward momentum.

The other thing is if LQID stumbles this quarter, and shorts are right, it will be hard for LQID to raise more funds (my guess is they have over 12 months cash to burn through). So place your bets and cross your fingers.

My position: if you read todays' 10k release, management is focused, and as long as they are focused, I will stay long.

Hope this helps,

John
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